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Premier Net Lease commercial real estate news, analysis, trends and information focusing on the property fundamentals, finance and investment trends for NNN, and other net leased retail, industrial, office and healthcare assets.
However, there was a decline in average lease size.
Demand remains high ‘due to stability and ease of management.’
Ruling affirming lower rent when anchor tenants leave will reverberate in epidemic of store closings.
Not all markets have turned a corner, but there are areas of growing office stability.
JLL also projects "healthy tenant and robust investor appetite."
There has been a three-fold increase in construction spending on manufacturing since 2021.
With a 5% year-over-year gain in January, the retail index outperformed all types.
Demand for large warehouse leases by third-party logistics providers has surged.
The National Restaurant Association has also projected strong growth in 2025.
Retailers are exploring new markets, formats while maintaining core requirements.